DailyMarkets.com - Leading Economic Index Increases In May

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• Leading Economic Index Increases In May
• US Stocks Slide On Weak Data, Limited Fed Action
• US Dollar Leads Post-FOMC; Japanese Yen Continues To Weaken
• Oil Slides To Trade Below $80
• Dollar Stays Firm, Yen Takes A Dive
• Global Stocks Struggle For Direction After Fed Announcement

Leading Economic Index Increases In May Posted: 21 Jun 2012 09:05 AM PDT The Conference Board reported today that its Leading Economic Index (LEI) increased 0.3% in May to a four-year high of 95.8, following a 0.1% decline in April, and a 0.2% increase in March (see chart above).  Despite all of the recent challenges and headwinds facing the U.S. economy, especially the serious economic issues in Europe, the LEI has increased in 7 of the last 8 months starting in November 2011.  This ongoing improvement in the index that is constructed to predict the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Stocks Slide On Weak Data, Limited Fed Action Posted: 21 Jun 2012 08:20 AM PDT 06/21/12 US equities posted a modest decline after weaker-than-expected economic data on housing, jobs and manufacturing. A stronger US currency sent crude oil and gold futures … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Dollar Leads Post-FOMC; Japanese Yen Continues To Weaken Posted: 21 Jun 2012 08:18 AM PDT Fundamental Headlines - Greece Faces Downgrade to Emerging-Market Status by MSCI – Bloomberg - Manufacturing Slump Deepens for Euro-area to China – Bloomberg - Manufacturing Growth Slows, Labor Market Struggling – Reuters - Fed Warns of Risk to Economy – WSJ - Forget EURIBOR and Basis-Swaps; EUREPO Curve Signals Funding Stress – Zero Hedge Asian/European Session Summary After all the pomp and circumstance in the weeks following the dismal May Nonfarm Payrolls report released on June … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Oil Slides To Trade Below $80 Posted: 21 Jun 2012 02:45 AM PDT 06/21/12 Front month crude prices continued to slide Thursday, touching at 8-month low levels below $80 a barrel, following continued concerns over the euro zone debt … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Dollar Stays Firm, Yen Takes A Dive Posted: 21 Jun 2012 02:00 AM PDT 06/21/12 The dollar remained firm Thursday following a little changed unemployment claim report while the yen traded lower on expectations Japanese lawmakers will vote for tax hikes to give the BoJ more room for monetary … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Global Stocks Struggle For Direction After Fed Announcement Posted: 21 Jun 2012 01:00 AM PDT 06/21/12 Global stocks fell and crude oil prices dipped on Thursday after data showed Chinese, European and U.S. manufacturing activity slowed … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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